The value of the marginal product of capital can be calculated as the marginal product of capital multiplied by the cost of the capital input

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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The additional benefit incurred when undertaking an activity is the ________ benefit

A) total B) gross C) marginal D) explicit

Economics

An increase in government expenditure can ________ potential GDP and an increase in taxes can ________ potential GDP

A) increase; never change B) increase; increase C) decrease; decrease D) never change; never change E) increase; decrease

Economics